Savers breaking away from pension contributions in their mid-20s could lose out on tens of thousands of pounds, research conducted by Aegon has found.
The analysis looked at the potential eventual losses to the pension pot of a 22-year-old, who joined a workplace pension scheme on an average starting salary of £20,000, if they decided to stop paying...
IA Public Register data
Trustees fear breaking the rules
‘Little understood’ system
'Festering sore on the face of pensions'
Numbers jumped due to auto-enrolment
Comprises c.300,000 customers
27 and 28 October
Doesn’t have to be complicated
Starts beginning of November